Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars
| March 2023r | February 2024r | March 2024 | February to March 2024 | March 2023 to March 2024 | |
|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | % change | % change | |
| Total exports | 63,497 | 66,097 | 62,564 | -5.3 | -1.5 |
| United States | 47,716 | 49,683 | 47,215 | -5.0 | -1.1 |
| China | 2,852 | 2,555 | 2,403 | -6.0 | -15.7 |
| Mexico | 817 | 826 | 723 | -12.5 | -11.5 |
| Japan | 1,498 | 1,280 | 1,220 | -4.7 | -18.6 |
| United Kingdom | 1,548 | 2,418 | 2,212 | -8.5 | 42.9 |
| Germany | 667 | 514 | 595 | 15.7 | -10.9 |
| South Korea | 589 | 708 | 627 | -11.5 | 6.6 |
| Netherlands | 584 | 619 | 774 | 25.0 | 32.6 |
| India | 439 | 520 | 390 | -24.9 | -11.0 |
| Italy | 185 | 127 | 184 | 45.0 | -0.7 |
| Total imports | 62,980 | 65,621 | 64,840 | -1.2 | 3.0 |
| United States | 40,105 | 41,197 | 40,740 | -1.1 | 1.6 |
| China | 5,150 | 5,276 | 5,429 | 2.9 | 5.4 |
| Mexico | 2,356 | 2,358 | 2,184 | -7.4 | -7.3 |
| Japan | 1,109 | 1,419 | 1,264 | -11.0 | 14.0 |
| United Kingdom | 771 | 957 | 835 | -12.8 | 8.3 |
| Germany | 1,661 | 1,722 | 1,587 | -7.9 | -4.4 |
| South Korea | 842 | 1,151 | 1,291 | 12.1 | 53.2 |
| Netherlands | 394 | 466 | 496 | 6.4 | 25.8 |
| India | 441 | 474 | 532 | 12.3 | 20.6 |
| Italy | 923 | 779 | 690 | -11.4 | -25.2 |
| Trade balance | 517 | 476 | -2,277 | ... | ... |
| United States | 7,611 | 8,487 | 6,475 | ... | ... |
| China | -2,298 | -2,721 | -3,026 | ... | ... |
| Mexico | -1,540 | -1,533 | -1,461 | ... | ... |
| Japan | 390 | -139 | -44 | ... | ... |
| United Kingdom | 777 | 1,461 | 1,377 | ... | ... |
| Germany | -994 | -1,208 | -992 | ... | ... |
| South Korea | -254 | -443 | -664 | ... | ... |
| Netherlands | 189 | 153 | 278 | ... | ... |
| India | -2 | 46 | -141 | ... | ... |
| Italy | -738 | -652 | -506 | ... | ... |
r
revised
...
not applicable
Note(s):
- Totals may not equal the sum of their components as a result of rounding.
- Countries listed are Canada's top 10 principal trading partners based on annual 2022 total merchandise trade data.
Source(s):
Table 12-10-0011-01.
- Date modified: